Korean Logistics Hub Secured Behind 'Haiphong Port' in Vietnam... Opening in First Half of Next Year

Busan Port Authority and Dongbang Sign Joint Venture Agreement
to Co-Operate Haiphong Logistics Center in Vietnam

A Korean logistics center will open in the first half of 2027 behind the rapidly growing Haiphong Port in Vietnam. On July 10, Busan Port Authority (BPA) announced that it has signed a joint venture agreement with Dongbang Vina, the local Vietnamese subsidiary of Dongbang, to jointly promote the operation of the Haiphong Logistics Center.

This project is being pursued to secure logistics infrastructure in Vietnam, a promising country, in accordance with the government's “Global Logistics Supply Chain Hub Strategy” established in December of last year. The logistics center will be built and operated on a 17,183-square-meter site within the Haiphong Port hinterland industrial complex, with a total floor area of 10,310 square meters.

Aerial View of Haiphong Port Logistics Center, Vietnam

Following the establishment of logistics centers in Rotterdam, Netherlands and Barcelona, Spain in 2022, as well as Probolinggo, Indonesia and Los Angeles, United States in 2024, BPA is further expanding its global logistics network connecting Europe, Southeast Asia, North America, and ASEAN through this new project.

The logistics center will begin construction after obtaining building permits in September, and is planned to be operated for about 30 years until 2056 after its opening in the first half of next year.

The “Haiphong DEEP C” industrial complex, where the logistics center will be located, is the largest industrial complex in northern Vietnam and is home to approximately 160 global companies. Around 26 Korean companies, including electronics and manufacturing firms such as LG Electronics, have also established a presence there. In particular, the site is about 15 kilometers from Haiphong Port, the largest port in northern Vietnam, and Lach Huyen deep-sea port, and boasts excellent connectivity with highways leading to Hanoi and the Chinese border, making it an optimal location for logistics center operations.

With the Haiphong Logistics Center, BPA plans to support the import and export logistics of Korean small and medium-sized shippers operating in Vietnam, while further strengthening the global logistics network of Busan Port.

BPA President Song Sangkeun stated, "With the signing of this joint venture agreement, we have secured a key logistics hub in northern Vietnam. In line with the government's global logistics supply chain hub strategy, we will steadfastly build an overseas logistics network that can reliably support the overseas expansion of our small and medium-sized enterprises."

This content was produced with the assistance of AI translation services.